288 SE Watkins Ln

    LOUISA, VA 23093
    • $708,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 577962
    UPDATED: 18 min ago
    $708,000
    • 0
      BEDS
    • 236.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Someone once said, "with land & timber you not only get a return on your investment you get a return of your investment." This is an investment grade, transitional property within a few mile of Ferncliff Exit 143, I 64, half way between Richmond & Charlottesville. Significant $ value on 160 acres of 35 year old loblolly pine plantation that has been professionally thinned one time will provide an immediate ROI with the potential income tax advantage. Replant with a superior seedling and another timber harvest is 12 to 15 years away! A 68 acre hardwood area of frontage on Roundabout Creek complements this parcel of land. A 50 foot wide non exclusive easement from Watkins Lane provides adequate access to the property.

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    Listing information © 2018 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Strong Team REALTORS. Data last updated 2018-07-20T14:13:10.663.
    www.strongteamrealtors.com/homes/84679176

    288 SE Watkins Ln LOUISA, VA 23093

    • Price: $708,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 577962
    0
    Beds
    0
    Baths
    0
    ½ Baths
    236.25
    Acres
    Neighborhood:
    None
    Area:
    Louisa
    Elementary School:
    Moss-Nuckols
    Middle School:
    Louisa
    High School:
    Louisa
    Property Description
    Someone once said, "with land & timber you not only get a return on your investment you get a return of your investment." This is an investment grade, transitional property within a few mile of Ferncliff Exit 143, I 64, half way between Richmond & Charlottesville. Significant $ value on 160 acres of 35 year old loblolly pine plantation that has been professionally thinned one time will provide an immediate ROI with the potential income tax advantage. Replant with a superior seedling and another timber harvest is 12 to 15 years away! A 68 acre hardwood area of frontage on Roundabout Creek complements this parcel of land. A 50 foot wide non exclusive easement from Watkins Lane provides adequate access to the property.
    Exterior Features

    Driveway Yes Fenced No Land Description Gently RollingWooded Road Street Dead EndDeeded RowEasementOn Bus RouteShared Row View Wooded View Water Property Pond-Lake SiteStream-Creek

    Interior Features

    Best Use InvestmentTimber Current Use Timber Farm Improvements Riding Trails Timber None

    Property Features

    Division Rights Yes Docs On File Easements Green Features No Hoa YN No In Land Use Yes Lender Owned No Property Type Agricultural Sewer Septic None Tax Year 2017 Taxes 609 Water None Zoning A2 Agricultural General

    Listing provided courtesy of Turner Realty & Forestry, Llc..


    Listing information © 2018 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Strong Team REALTORS. Data last updated 2018-07-20T14:13:10.663.
     
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